LPL Financial Portfolio holdings
LPL Financial, founded in 1989 through the merger of Linsco and Private Ledger and headquartered in San Diego, California, is the largest independent broker-dealer in the U.S., supporting over 22,000 financial advisors who manage more than $1.4 trillion in advisory and brokerage assets as of late 2024. Serving independent advisors, banks, and credit unions, LPL provides a robust technology platform, research, and back-office support, enabling advisors to offer personalized wealth management, retirement planning, and investment services to clients without proprietary products. The firm, publicly traded since 2010 under CEO Dan Arnold, has grown through acquisitions like Waddell & Reed’s wealth management business in 2021, emphasizing flexibility and advisor autonomy. With additional offices in Fort Mill, South Carolina, and Boston, LPL Financial remains a leader in empowering advisors amid a shifting financial landscape.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares Core S&P 500 ETF
IVV
|
+$2.33B |
| 2 |
iShares Core Universal USD Bond ETF
IUSB
|
+$687M |
| 3 |
IALT
iShares Systematic Alternatives Active ETF
IALT
|
+$610M |
| 4 |
iShares US Treasury Bond ETF
GOVT
|
+$495M |
| 5 |
CORO
iShares International Country Rotation Active ETF
CORO
|
+$455M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares MSCI USA Quality Factor ETF
QUAL
|
+$592M |
| 2 |
iShares MSCI EAFE Value ETF
EFV
|
+$569M |
| 3 |
iShares Core International Aggregate Bond Fund
IAGG
|
+$352M |
| 4 |
iShares Core MSCI Emerging Markets ETF
IEMG
|
+$332M |
| 5 |
THRO
iShares U.S. Thematic Rotation Active ETF
THRO
|
+$218M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 74.82% |
| 2 | Technology | 8.89% |
| 3 | Financials | 3.03% |
| 4 | Industrials | 2.69% |
| 5 | Consumer Discretionary | 2.28% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
3001
TriCo Bancshares
TCBK
$1.7B
| $4.03M | ﹤0.01% |
74,828
-171
| -0.2% | -$8.66K |
|
3002
Invesco Dorsey Wright Consumer Staples Momentum ETF
PSL
$80M
| $4.03M | ﹤0.01% |
35,954
+4,462
| +14% | +$494K |
|
3003
Gartner
IT
$11B
| $4.02M | ﹤0.01% |
31,024
-703
| -2% | -$106K |
|
3004
RF Industries
RFIL
$112M
| $4.01M | ﹤0.01% |
189,295
+154,031
| +437% | +$2.49M |
|
|
DPG
3005
Duff & Phelps Utility and Infrastructure Fund
DPG
$505M
| $4.01M | ﹤0.01% |
270,305
-104,154
| -28% | -$1.51M |
|
|
DFP
3006
Flaherty & Crumrine Dynamic Preferred and Income Fund
DFP
$407M
| $4M | ﹤0.01% |
193,623
+4,895
| +3% | +$101K |
|
3007
Affiliated Managers Group
AMG
$9.16B
| $4M | ﹤0.01% |
11,816
+1,007
| +9% | +$312K |
|
3008
Boston Properties
BXP
$10.2B
| $3.99M | ﹤0.01% |
60,170
-30,900
| -34% | -$1.85M |
|
3009
Ollie's Bargain Outlet
OLLI
$4.29B
| $3.99M | ﹤0.01% |
51,894
-23,559
| -31% | -$1.96M |
|
3010
Pitney Bowes
PBI
$2.33B
| $3.97M | ﹤0.01% |
226,796
+12,551
| +6% | +$192K |
|
3011
Shift4
FOUR
$3.53B
| $3.97M | ﹤0.01% |
81,645
+35,077
| +75% | +$1.52M |
|
|
EOD
3012
Allspring Global Dividend Opportunity Fund
EOD
$279M
| $3.97M | ﹤0.01% |
607,847
+33,327
| +6% | +$213K |
|
3013
VanEck Oil Refiners ETF
CRAK
$502M
| $3.97M | ﹤0.01% |
86,080
-16,679
| -16% | -$805K |
|
3014
Amplify Online Retail ETF
IBUY
$119M
| $3.97M | ﹤0.01% |
57,377
-2,846
| -5% | -$190K |
|
3015
Molson Coors Class B
TAP
$7.19B
| $3.97M | ﹤0.01% |
101,779
+7,686
| +8% | +$321K |
|
3016
VictoryShares US Multi-Factor Minimum Volatility ETF
VSMV
$157M
| $3.97M | ﹤0.01% |
66,306
-155
| -0.2% | -$9.15K |
|
3017
Genmab
GMAB
$20.1B
| $3.96M | ﹤0.01% |
144,321
-44,316
| -23% | -$1.18M |
|
3018
iShares ESG Screened S&P Small-Cap ETF
XJR
$210M
| $3.96M | ﹤0.01% |
75,072
+15,095
| +25% | +$732K |
|
3019
Fidelity MSCI Materials Index ETF
FMAT
$597M
| $3.96M | ﹤0.01% |
67,611
-10,090
| -13% | -$599K |
|
3020
iShares Low Carbon Optimized MSCI ACWI ETF
CRBN
$1.17B
| $3.95M | ﹤0.01% |
15,622
+401
| +3% | +$98.8K |
|
3021
Natural Resource Partners
NRP
$1.47B
| $3.94M | ﹤0.01% |
40,596
+3,045
| +8% | +$334K |
|
3022
WisdomTree Emerging Markets Local Debt Fund
ELD
$143M
| $3.93M | ﹤0.01% |
137,029
+88,923
| +185% | +$2.56M |
|
3023
T. Rowe Price Floating Rate ETF
TFLR
$782M
| $3.93M | ﹤0.01% |
77,977
+54,302
| +229% | +$2.76M |
|
3024
Fortis
FTS
$27.8B
| $3.93M | ﹤0.01% |
68,661
-3,978
| -5% | -$224K |
|
3025
Simplify Affinity World Leaders Equity ETF
WLDR
$102M
| $3.92M | ﹤0.01% |
84,323
+49,822
| +144% | +$2.13M |
|
Similar funds
LPL Financial's Q2 2026 Portfolio in Review
As of Q2 2026, LPL Financial held 6,394 positions worth $445B, up 18% from $377B the previous quarter. Its ten largest holdings account for 14% of the portfolio.
LPL Financial deployed $24B of net new capital in Q2 2026, opening 411 new positions and adding to 3,508 existing holdings. Its largest new stake was iShares Systematic Alternatives Active ETF: 21,732,229 shares worth $610M.
By sector, the portfolio is most concentrated in Miscellaneous at 75% of assets, up from 75% a quarter earlier, followed by Technology and Financials.
On the sell side, the largest reduction was iShares MSCI USA Quality Factor ETF, an estimated $592M trimmed.
- LPL Financial's largest Q2 2026 buy was iShares Systematic Alternatives Active ETF: 21,732,229 shares worth $610M.
- LPL Financial added most to iShares Core S&P 500 ETF in Q2 2026, an estimated $2.33B increase.
- LPL Financial's biggest Q2 2026 reduction was iShares MSCI USA Quality Factor ETF, cutting an estimated $592M.
- LPL Financial fully exited Coterra Energy in Q2 2026, selling an estimated $14.6M.
- LPL Financial's ten largest holdings make up 14% of its $445B portfolio in Q2 2026.
- LPL Financial opened 411 new positions and closed 194 in Q2 2026.
- LPL Financial's portfolio value rose 18% quarter-over-quarter to $445B.
Based on LPL Financial's 13F filing for Q2 2026, filed 7 Aug 2026.